GCL System Integration Technology (GCLSI), a pioneering renewable energy service provider, has embarked on a groundbreaking venture in the Indian solar market by signing a momentous framework agreement with SAEL Industries Limited (SAEL) for the supply of 1.1 GW N-type high-efficiency photovoltaic (PV) modules. The collaborative effort sets a significant milestone for GCLSI as it endeavours to extend its global business footprint and contribute to India’s ambitious renewable energy expansion.
The signing ceremony, held at the GCL Energy Centre in Suzhou, China, was graced by the presence of distinguished figures, including Zhu Yufeng, Vice Chairman and President of GCL Group, Chairman of GCLSI; Zhang Kun, Executive President of GCLSI; Krishan Mehta, Vice President of GCLSI Global Marketing Centre; and Jasbir Singh Awla, Managing Director of SAEL.
GCLSI, a reputable renewable energy service provider, boasts an array of manufacturing facilities in China and a comprehensive range of services in the renewable energy sector. On the other hand, SAEL Industries Limited is a prominent player in India’s photovoltaic project development landscape, having established numerous utility-scale projects across the nation.
The collaboration between GCLSI and SAEL has breathed new life into India’s solar PV industry, solidifying GCLSI’s stature as an industry leader. Jasbir Singh Awla, MD of SAEL, articulated the strategic partnership as a crucial element in SAEL’s plan to install over 2 GW of ground-mounted PV projects annually in India. He emphasized the significance of the partnership in realizing SAEL’s ambitious goals.
“This is the commencement of a lasting partnership between GCLSI and SAEL. With the signing of this pivotal agreement, GCLSI has taken a significant stride towards cementing its position as a frontrunner in the PV module industry,” stated Zhang Kun, Executive President of GCLSI, underscoring the long-term implications of the collaboration.
GCLSI recently unveiled its ambitious 20 GW N-type high-efficiency cell manufacturing project in Wuhu, China. The project stands as a testament to GCLSI’s unwavering dedication to fortifying its comprehensive PV industrial chain.
India’s promising solar-based growth prospects have been highlighted by The World Economic Forum (WEF), projecting India’s leadership in solar energy expansion due to the nation’s escalating energy demands and ample sunlight resources throughout the year. Prime Minister Narendra Modi’s vision to generate 450 gigawatts of renewable energy by 2030, quintuple the current capacity, illustrates India’s determined pursuit of green energy. This transformative goal signifies India’s intent to derive 60% of its electricity from non-fossil fuel sources by 2030, surpassing its original 40% target set in the Paris Agreement.
With India’s ambitious renewable energy objectives, supportive governmental policies, and surging demand for sustainable solutions, GCLSI endeavours to emerge as a trusted ally in India’s journey towards a greener future. The company seeks to accomplish this by harnessing its cutting-edge technologies, extensive industry acumen, and resolute commitment to innovation.
